The following questions illustrate the complexity of the technology assessment process. The answers will help TDM estimate the present value of the technology and identify risk factors that could affect its commercialization. Technology Is it more than a concept? What is the stage of product development? Is a prototype available? Is the technology more efficient than existing ones? Are there alternative ways to achieve similar results? What commercial products can be created by the technology? Patents Who holds the rights to the technology? Is the technology covered by patents? Could the patent be enforced if an infringement is detected? Do the patent claims adequately protect the developed product? Are international patents necessary to support the technology? Market What commertial needs are addressed by this technology? Will it create a new market or improve an existing one? What is the size of current and future markets? What competes with the proposed product? What are the competitive advantages of the proposed product? Risk Factors What are the legal and physical barriers to market entry? Can the technology be scaled up in the anticipated end use? How much capital is necessary to bring the technology to market? How much time will be needed to bring a product to market?